Sunday, December 1, 2013

American Express: A Cheaper Alternative To MasterCard and Visa

Since the rise of two of the fastest growing payment leaders, MasterCard (MA) and Visa (V) has been well documented by me in recent months, I thought I would focus on a cheaper but equally solid company in the space, American Express (AXP).

While not growing revenue and EPS as fast as its two largest competitors, the credit card giant has a stronger clientele and stands to benefit from many of the same powerful trends as MasterCard and Visa. Additionally, the company is significantly cheaper and pays a solid dividend. Click here to read more about what I think makes American Express great!